R3 Files Patents for 'Dynamic' DLT Recordkeeping
Consortium startup R3 has filed two patent applications detailing its work on applying distributed ledger tech to "dynamic" agreements between financial institutions. The two applications – submitted last year and published by the the U.S.
October 23, 2017
Singapore Regulator, Banks Complete KYC Blockchain Prototype
A consortium comprising of a Singaporean government body and a number of major banks has completed the ASEAN region’s first-ever proof-of-concept for a Know Your Customer (KYC) blockchain. The Infocomm Media Development Authority of Singapo
October 04, 2017
Zk-Starks? New Take on Zcash Tech Could Power Truly Private Blockchains
"A myth," that's what one developer called it. At a meeting of the team behind the monero cryptocurrency last week, suspicion was high about a new item on the roadmap – so-called "zk-starks." Described as a "trustless" solution to a problem
October 01, 2017
Blockchain Firms Ripple, R3 File Dueling Lawsuits Over Crypto Contract Dispute
Distributed ledger startups Ripple and R3 have become embroiled in a new legal battle, with both startups filing lawsuits related to a contract dispute between the two firms. Ripple alleged in a complaint filed today in the Supreme Court of
September 10, 2017
Colombian Central Bank to Test R3 Distributed Ledger Software
Banco de la República Colombia, the South American nation's central bank, has made an agreement with software company R3 to test its distributed ledger technology, Corda, a press release announced today. With the news, Banco de la República
August 29, 2017
Bahrain Bank First in MENA Region to Join R3 Blockchain Consortium
Bank ABC, an international banking group headquartered in Bahrain is the latest financial institution to join the global banking-centric blockchain consortium led by New York-based startup R3. Bank ABC, formerly known as the Arab Banking Co
August 16, 2017
11 Banks Develop DLT Trade Finance App Using R3's Corda Software
A group of eleven banks have developed a trade finance application using technology developed by distributed ledger startup R3. The firm announced today that the banks built the app, which is aimed at smoothing the process for letters of cr
August 08, 2017